Worldwide Aluminium's Stock Reaches 52-Week High, Outperforms Sector and Sensex

Jun 20 2024 10:35 AM IST
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Worldwide Aluminium, a microcap company in the footwear industry, has seen a surge in its stock price, reaching a 52-week high on June 20, 2024. The stock has been consistently trading at this price, outperforming the sector by 18.33%. It has also shown a significant growth of 54.64% in the past year, indicating a strong performance in the industry.

Worldwide Aluminium, a microcap company in the footwear industry, has recently seen a surge in its stock price, reaching a 52-week high on June 20, 2024. The stock has been given a 'Sell' rating by MarketsMOJO.

The stock opened today with a gain of 19.94%, outperforming the sector by 18.33%. It touched an intraday high of Rs 21.65, which is also the new 52-week high. The stock has been consistently trading at this price since the opening, indicating a strong performance.

In terms of moving averages, Worldwide Aluminium is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests a positive trend in the stock's performance.

Over the past year, Worldwide Aluminium has shown a significant growth of 54.64%, outperforming the Sensex's performance of 22.06%. This indicates a strong performance by the company in the footwear industry.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of Worldwide Aluminium's recent stock performance. As a microcap company, it is important for investors to carefully consider all available information before making any investment decisions.
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